Apple becomes world's biggest smartphone seller in fourth-quarter
Apple Inc cornered nearly a quarter of the global smartphone market in the fourth quarter, making it the world`s biggest seller, while shipments for Huawei plunged after it was hit by U.S. sanctions
Apple Inc cornered nearly a quarter of the global smartphone market in the fourth quarter, making it the world`s biggest seller, while shipments for Huawei plunged after it was hit by U.S. sanctions.
Data from research firm IDC showed Apple`s shipments surged 22% in 90.1 million phones in the quarter, giving it global market share of 23.4%, and marking a record for the company.
See Zee Business Live TV Streaming Below:
The U.S. tech giant reported record holiday quarter sales on Wednesday, with revenue crossing $100 billion for the first time. Sales in Greater China, which includes Hong Kong and Taiwan, surged 57% over the quarter.
Its iPhone 12 series, released last October, marked its first 5G-enabled devices.
Huawei shipments tumbled 42.4% in the quarter to 32.3 million, IDC said.
The story has been taken from a news agency
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
80% return in one year: Brokerage suggests buying this Maharatna PSU stock for 2-3 days, check target
Lok Sabha elections 2024 Phase 4: Voting date, timing, states, union territories, seats, key candidates and constituencies | LS Polls
5 investment schemes that provide monthly pension to senior citizens fixed deposit fds savings scss guaranteed return atal pension yojana post office monthly income swps mutual fund
Akshaya Tritiya bank holiday or not Basava Jayanti 2024 festival date Banks closed or open tomorrow may 10 friday check out state-wise full list
09:05 AM IST